Access Partnership Incorporated
Access Partnership Incorporated faces declining assets and consistent operating deficits despite recent slight surplus.
EIN: 201830252 · Chesapeake, VA · NTEE: E02 · Updated: 2026-03-28
Is Access Partnership Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Access Partnership Incorporated directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Access Partnership Incorporated
Access Partnership Incorporated (EIN: 201830252) is a nonprofit organization based in Chesapeake, VA, classified under NTEE code E02. The organization reported total revenue of $561K and total assets of $56K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Access Partnership Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Access Partnership Incorporated is a small nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $560K |
| Total Expenses | $540K |
| Surplus / Deficit | +$20K |
| Total Assets | $56K |
| Total Liabilities | $21K |
| Net Assets | $34K |
| Operating Margin | 3.5% |
| Debt-to-Asset Ratio | 38.5% |
| Months of Reserves | 1.2 months |
Financial Health Grade: A
In 2021, Access Partnership Incorporated reported a surplus of $20K with revenue exceeding expenses, holds 1.2 months of operating reserves (limited), has a debt-to-asset ratio of 38.5% (moderate leverage).
Financial Trends
Over 11 years of filings (2011–2021), Access Partnership Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -0.1% | -15.4% | -14.0% |
| 2020 | +6.4% | -0.7% | -46.4% |
| 2019 | +27.2% | +16.0% | -44.9% |
| 2018 | +72.3% | +55.3% | -41.5% |
| 2017 | +11.6% | +46.2% | -19.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Access Partnership Incorporated with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Access Partnership Incorporated allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 38.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not receiving salaries, which is a positive sign for a nonprofit of this size with fluctuating financial health.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Access Partnership Incorporated's IRS 990 filings:
- Significant decline in assets from $636,564 in 2012 to $55,612 in 2021.
- Consistent operating deficits in multiple recent years (e.g., 2020, 2019, 2018, 2017, 2016, 2015), indicating expenses frequently exceed revenue.
- Current assets ($55,612) are relatively low compared to latest annual expenses ($540,121), suggesting limited financial reserves.
Strengths
The following positive indicators were identified for Access Partnership Incorporated:
- Consistent filing of IRS Form 990s, demonstrating transparency in reporting.
- Reported 0% officer compensation across all available filings, indicating leadership is not drawing a salary from the organization's funds.
- Achieved a small operating surplus in 2021 ($19,739), reversing a trend of deficits.
Frequently Asked Questions about Access Partnership Incorporated
Is Access Partnership Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Access Partnership Incorporated (EIN: 201830252) some concerns. Mission Score: 55/100. 3 red flags identified, 3 strengths noted.
How does Access Partnership Incorporated spend its money?
Access Partnership Incorporated directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Access Partnership Incorporated tax-deductible?
Access Partnership Incorporated is registered as a tax-exempt nonprofit (EIN: 201830252). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Access Partnership Incorporated financially stable?
Based on the data, Access Partnership Incorporated's financial stability is questionable. Its assets have significantly declined from $636,564 in 2012 to $55,612 in 2021, and it has experienced consistent operating deficits in most recent years, despite a small surplus in 2021.
What caused the significant decline in assets?
The significant decline in assets appears to be primarily driven by years where expenses exceeded revenue, such as in 2020 (expenses $638,314 vs. revenue $560,444) and 2019 (expenses $643,006 vs. revenue $526,924), leading to a depletion of reserves.
How does the organization manage its liabilities?
Liabilities have fluctuated, reaching a high of $258,049 in 2012 and decreasing to $21,387 in 2021. While the recent reduction is positive, the historical fluctuations suggest varying levels of debt or short-term obligations.
Is the 0% officer compensation sustainable for leadership?
While 0% officer compensation is commendable for donor confidence, it raises questions about the long-term sustainability of leadership and whether key personnel are volunteers or compensated through other means not reflected in officer compensation.
Filing History
IRS 990 filing history for Access Partnership Incorporated showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Access Partnership Incorporated's revenue has grown by 120%, moving from $254K to $560K. Total assets decreased by 86.5% over the same period, from $411K to $56K. Total functional expenses rose by 220.2%, from $169K to $540K. In its most recent filing year (2021), Access Partnership Incorporated reported a surplus of $20K, with revenue exceeding expenses. The organization holds $21K in liabilities against $56K in assets (debt-to-asset ratio: 38.5%), resulting in net assets of $34K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $560K | $540K | $56K | $21K | — | View 990 |
| 2020 | $560K | $638K | $65K | $52K | — | — |
| 2019 | $527K | $643K | $121K | $32K | — | View 990 |
| 2018 | $414K | $554K | $219K | $36K | — | View 990 |
| 2017 | $240K | $357K | $375K | $35K | — | View 990 |
| 2016 | $215K | $244K | $464K | $36K | — | View 990 |
| 2015 | $255K | $266K | $590K | $143K | — | View 990 |
| 2014 | $296K | $256K | $603K | $137K | — | View 990 |
| 2013 | $272K | $233K | $612K | $188K | — | View 990 |
| 2012 | $182K | $186K | $637K | $258K | — | View 990 |
| 2011 | $254K | $169K | $411K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $560K, expenses of $540K, and assets of $56K (revenue -0.1% year-over-year).
- 2020: Revenue of $560K, expenses of $638K, and assets of $65K (revenue +6.4% year-over-year).
- 2019: Revenue of $527K, expenses of $643K, and assets of $121K (revenue +27.2% year-over-year).
- 2018: Revenue of $414K, expenses of $554K, and assets of $219K (revenue +72.3% year-over-year).
- 2017: Revenue of $240K, expenses of $357K, and assets of $375K (revenue +11.6% year-over-year).
- 2016: Revenue of $215K, expenses of $244K, and assets of $464K (revenue -15.5% year-over-year).
- 2015: Revenue of $255K, expenses of $266K, and assets of $590K (revenue -13.9% year-over-year).
- 2014: Revenue of $296K, expenses of $256K, and assets of $603K (revenue +8.8% year-over-year).
- 2013: Revenue of $272K, expenses of $233K, and assets of $612K (revenue +49.5% year-over-year).
- 2012: Revenue of $182K, expenses of $186K, and assets of $637K (revenue -28.4% year-over-year).
- 2011: Revenue of $254K, expenses of $169K, and assets of $411K.
Data Sources and Methodology
This transparency report for Access Partnership Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.